Common use of Payments to the Administrative Agent Clause in Contracts

Payments to the Administrative Agent. Those Sections of this Agreement providing for payment or repayment in a national currency unit shall be construed so that, in relation to the payment of any amount of euro units or national currency units, such amount shall be made available to the Administrative Agent in immediately available, freely transferable, cleared funds to such account with each bank (in such principal financial center) as the Administrative Agent may from time to time nominate for this purpose.

Appears in 3 contracts

Samples: Credit Agreement (Ahl Services Inc), Credit Agreement (Ahl Services Inc), Credit Agreement (Ahl Services Inc)

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Payments to the Administrative Agent. Those Sections of this Agreement providing for payment or repayment in a national currency unit shall be construed so that, in relation to the payment of any amount of euro units or national currency units, such amount shall be made available to the Administrative Agent in immediately available, freely transferable, cleared funds to such account with each such bank (in such principal financial center) as the Administrative Agent may from time to time nominate for this purpose.

Appears in 1 contract

Samples: Multi Currency, Multi Option Credit Agreement (Harman International Industries Inc /De/)

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Payments to the Administrative Agent. Those Sections of this Agreement providing for payment or repayment in a national currency unit shall be construed so that, in relation to the payment of any amount of euro units or national currency units, such amount shall be made available to the Administrative Agent in immediately available, freely transferable, cleared available funds to such account with each bank (in such principal financial center) as at the Administrative Agent may from time to time nominate for this purposeEuro Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Scientific Games Holdings Corp)

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